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Question:
(a) Frederick Taylor observed that workers worked below their optimum level (soldiering). He thus devised systematic methods based on a set of principles. These principles were later known as the "four principles of scientific management". List and describe the four principles.
(b) What is an organisation's specific business environment? Describe the various components of the specific business environment.
(c) As a manager, motivating and catering for the needs of the employees are of paramount importance. In that respect Maslow's Hierarchy of Needs provides with a very useful tool. Briefly describe the various levels of needs in the Maslow Hierarchy. For each need give one example how they can be satisfied.
Discuss the three approaches to the short term financing problem, providing relevant examples
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In 2006, European economy performed well with an economic growth of 3%, which was the highest since 2000. This is a sign that the economy is on the road to recovery and in fact mos
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Question 1: (a) What do you meant by of the term ‘safety'? (b) Dsecribe clearly the meaning of industrial accidents. (c) Explain the elements which should be taken into c
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What are the functions of the upper middle management? Upper middle management: This includes Sales executive (Manager), Finance executive, Production executive and R and
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